Are you a Tax Patriot?

Billionaire Warren Buffett says rich people should pay more taxes. Patriotic Millionaires for Fiscal Strength are willing to sacrifice their own fiscal well-being for the common good. Right? Wrong! They aren’t risking anything themselves. But as many as 200,000 small businesses might be severely impacted by this devilish ploy by the elite left.

Are these multi-millionaires more patriotic than those who want the Bush Tax cuts extended for all Americans? It is not absurd to think that raising taxes on everyone making over $1 Million Dollars will be good for job creation or the economy in general? We are in a sever economic downturn. Now is not the time to raise taxes on anyone. Why doesn’t your little group donate your extra cash to the government. Hey NPR is looking for some more left wing money. Why not dump your cash in the trash heap of political thought. Wouldn’t that be more patriotic, helping government programs?

It is absurd for this group to call themselves Patriots. Tea Party or as you libs say, Tea Baggers, are the true patriots in this political arena. Not big government people who want the US to run everything from GM to Anthem. If you want to kill entrepreneurial spirit in this country, then raise taxes. You will get less of what you tax. Increase taxes on small business, get less small business.

What is the Incentive to Grow to $1 Million or more?
What small business person wants to raise their income to over $1 million if that bumps them into a larger tax bracket. If you are making $950K and you could grow (by hiring) to $1.2 Million, yo might not if your taxes will result in less after tax income. Where is the incentive to grow? Work harder, hire more employees for less money? I think very few small business owners would do that. Would you call these people unpatriotic?

Rude Rich Snobs
How insulting M-o-b-y. How Rude Bob Epstein. How out of line, Cynda Collins Arsenault. Must be nice to sit on your billion dollar thrones and speak down to the struggling small business person.

Here is a quote from these so called ‘patriots.’

We have done very well over the last several years. Now, during our nation’s moment of need, we are eager to do our fair share. We don’t need more tax cuts, and we understand that cutting our taxes will increase the deficit and the debt burden carried by other taxpayers. The country needs to meet its financial obligations in a just and responsible way.- Source: Patriotic Millionaires for Fiscal Strength

Not all millionaires are faring as well as these 45 Multi-Millionaires.
SMB, Small and Medium Sized Businesses are often Sub-Chapter S corporations. Income flows directly to these business owners. On good years, a million dollars may be their income. But on lean years, income could be considerably less, maybe even a loss. Small businesses need cash to weather the storm. Businesses that have contracted from $5 million to $1 million may be on the verge of going out of business AND laying off the rest of their crew if not for good years. So what are we going to do for businesses building a war chest? We are going to tax them more.

Multi-Millionaires don’t understand small business. They are right about themselves needing to pay more taxes, but they are dead wrong about small businesses owners near $1 Million.

It’s as if the super rich want to keep the nearly rich from become larger and thus employing more people. They want to keep their thumb on the small businessman. They are trying to get the man to keep us down. Keep small businesses small.

So who are these super rich patriots who want to step on the little business person? They are according to their website today:

You can reach their organization via their email: info@agendaproject.org
So we contact a guy named INFO. How personal.

If you don’t know what to say, let me get you started below:

——————————————-
Dear info:

First of all, if you had any balls at all, you would publish your membership email addresses. Let them tell me directly that I’m not a patriot because I am not a billionaire who wants to raise taxes on my fellow business owner.

Does that make it right? Do you patriots on the list want to see a 91% tax rate? Were millionaires in 1963 more patriotic? Hey, by the way, State revenues last year dropped the most since 1963. Not a good sign. You should have picked a different stat to spin.

Did you forget about this tax rate being the setup for the next decade and a half of poor economic performance in the US?

Just because you are billionaires doesn’t make you an economist. Nor does it make you more of a patriot than those paying little or no income tax.

Please stop insulting me and my fellow brother and sister small business owners.

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4 Responses to “Are you a Tax Patriot?”

I have looked into a few of these people, and so far most of the people I’ve looked into have direct ties to Soros. I think that is the real point you should be making. For example: Cynda Arsenault is a top contributor to the New America Foundation, which is headed by Jonathon Soros. Daniel Berger, founder of the group Citizens for Responsibility and Ethics in Washington was funded greatly by George Soros. Doug Carlston is the head of Soros’ PAC group Moveon.org. I have others written at my blog, and I’m nowhere near done with it yet.

Absurd that you, whoever you are, can’t stand that these millionaires are really trying to do something for the common good and actually showing compassion for the those of us who aren’t rich. Get over it. Dozens of nonpartisan economists say allowing the Bush tax cuts to expire will help the economy, but I can see you aren’t interested in FACTS. Where were you when Bush ran the deficit through the roof? I know, you were yelling “kill the ragheads, war is good business”.

Agreed T.Jones. This article shows no clear link to how ending these Bush Tax cuts for millionaires and billionaires would do much harm to small businesses. It doesn’t even make practical sense. Here’s a nice article from the Washington Post to address some of these myths that these people want to tie to the Bush Tax cuts, including the one foolishly presented right here.

“The vast majority of small businesses will be unaffected. Less than 2 percent of tax returns reporting small-business income are filed by taxpayers in the top two income brackets — individuals earning more than about $170,000 a year and families earning more than about $210,000 a year.”

In fact ending the tax breaks would be beneficial to 98% of small business owners.

“If the objective is to help small businesses, continuing the Bush tax cuts on high-income taxpayers isn’t the way to go — it would miss more than 98 percent of small-business owners and would primarily help people who don’t make most of their money off those businesses.”

I suppose it’s not much of a surprise in the era of the Tea Bagger revolution. Used as an acronym for “Taxed Enough Already” at a point when our taxes are actually at a 60 year low and at the second lowest rate in all of the world. The whole movement reeks of irony. Remember the health care town hall meetings where the largely older population of the Tea Party movement had members protesting socialized medicine and proudly telling Obama to keep his “government hands off their Medicare”, Medicare itself one of the most notable socialized medicine programs in the world.

Statistically speaking the movement is little more than an older segment of the population that’s white by an overwhelming majority with an increased likelihood some series racist views. They don’t speak for the people, and indeed the movement seems largely to be in taters. They are typical the most ill-informed of the issues. This might have something to do with the fact that the network which spawned the movement and organized all those “rallies” actually makes it’s viewers less informed about the issues. Literally, unlike any other media outlet, the move Fox a person watches the less informed they are about the issues.

These people are stuck in their own views and are a clear case of cognitive dissonance, refusing to believe the facts when they disagree with their own personal political views. These people are the furthest thing from patriots, but you’ll never be able to convince them of that. Just as their heroes Michele Bachmann and Sarah Palin have shown, history is not their strong suit.